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Fly News Breaks for January 4, 2016
TDS, USM
Jan 4, 2016 | 05:46 EDT
JPMorgan analyst Philip Cusick downgraded U.S. Cellular (USM) to Neutral citing valuation and a lack of catalysts over the next year. The analyst lowered his price target for the shares to $43 from $46. Cusick this morning also downgraded Telephone and Data Systems (USM) to Neutral citing a similar rationale.
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